France Manufacturing PMI

The IHS Markit France Manufacturing PMI fell to 49.7 in December 2018 from 50.8 in the previous month and matching the initial estimate. It marks the first deterioration in factory activity since September 2016, driven by further automotive sector slowdown and anti-government protests. Output fell for second straight month and the most since April 2015; new orders and export orders posted the fastest declines since 2016. This led to more job cuts, although at a slower pace than in November and only marginal overall. On the price front, inflationary pressures softened, with input cost softening to the lowest in 7 months and output charge inflation rising the least in five months.. Optimism towards the business outlook fell to the lowest level since April 2016 in December amid expectations for weaker demand, particular in the automotive sector. Manufacturing PMI in France is reported by Markit Economics.

Manufacturing PMI in France is expected to be 49.70 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in France to stand at 54.50 in 12 months time. In the long-term, the France Manufacturing PMI is projected to trend around 53.60 in 2020, according to our econometric models.

France Manufacturing PMI

In France, the Markit Manufacturing Purchasing Managers' Index measures the performance of the manufacturing sector and is derived from a survey of 400 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - France Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. France Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on January of 2019.